Bakers gets thumbs down in Beijing as survey reveals ugly-beautiful truth

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Latest Briefings

Bulgaria: CPC deems minimum hotel accommodation prices anti-competitive

The Ministry of Tourism recently proposed the introduction of minimum prices for sites categorised as ‘accommodation places’. In Decision 529/10.05.2018, the Commission for Protection of Competition (CPC) opined on the proposal’s compliance with competition rules. The CPC held that setting minimum prices for accommodation places would limit price competition between hotels. Minimum prices cannot guarantee…

Social housing monthly law update – June 2018

This month’s TLT’s law update on all things affecting social housing includes: Automatic disqualification rule changes: Charity Commission declarations GDPR enforcement and penalties: What you need to know Dress codes in the workplace: New government guidance Government announces it will fully fund unsafe cladding removal in social housing Viability argument for 10% affordable housing fails…

From footfall to clicks – experts talk retail risk

By Gary Assim and Sarah Teal Poundworld has entered administration, and just before that it was announced that House of Fraser would be closing 31 stores, many of which are in some of the UK’s largest cities. It is no secret that many retailers have been adversely affected by the shopping habits of consumers, ever […]

Austria: The time has come – Federal Procurement Act 2018 just around the corner

More than four years after the entry into force of the new EU Public Procurement Directive (2014/24/EU), more than two years after the deadline for transposition and more than one year after publication of the first transposition draft, the time has come. Following the respective resolutions of the Council of Ministers and the Federal Council […]

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NQs stay out of the firing line

Snapshot of a downturn: newly-qualifieds’ pay reaches up to £66,000, partner profits of more than a million and record trainee retention. I know that the law lags behind the rest of business, but this is ridiculous. It may be early in the cycle, but the indications from the broad spread of respondent firms are very […]

White-collar crime

As businesses start to tighten their belts as the economic slowdown continues, cases are being brought any potential fraudster in a bid to regain some lost cash. The Serious Fraud Office has said that it is committed to bringing fraudsters to justice, while the Office of Fair Trading has begun a frenzy of investigations into […]

Milberg to pay $75m in deal with prosecutors

US firm Milberg announced yesterday that it had struck a $75m deal with prosecutors that will see criminal charges laid against it for a kickbacks scam dismissed. Beleagured US class action firm Milberg announced yesterday (16 June) that it had struck a $75m settlement deal with federal prosecutors that will see criminal charges laid against […]

Bear pair are scapegoats, lawyers claim

Two former Bear Stearns fund managers were arrested earlier today (Thursday 19 June) for securities fraud. Hedge fund managers Ralph Cioffi and Matthew Tanin were arrested after investors and creditors of two Bear funds lost $1.6bn (£820m) when the funds imploded in June 2007. Cioffi and Tanin could be charged with securities fraud after they […]

ASB goes regional with office closures

South East firm ASB Law is closing its Brighton and Horsham offices in a move affecting around 70 staff. A number of redundancies will be likely as a result, although consultations are ongoing in the hope that most staff can be absorbed into ;ASB’s ;remaining Crawley and Maidstone offices. The plan to consolidate the offices […]

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